Well managed funds have to make a market to biy znd sell. Normally with a small gap. Just look at MGF and its managed fund that trades off market - see the difference. You are trapped as you can knly sell a LIC to a willing buyer. Look at IIGf they make a market. So entry snd exit is based upon NTA.
It is amazing how poorly the investment manager has managed some of the funds but there are the fan club will support no matter what the facts are. Compare this stick over 10 years with PGF. around 17% lower perfornsnce over that period. The dividends are great - the trading above NTA are good but risky as there is no real logic to trade above NTA. The fund manager has your money locked it they have a job forever - the only movement is fund value.
- Forums
- ASX - By Stock
- WLE
- Ann: Share Purchase Plan for WAM Leaders shareholders
Ann: Share Purchase Plan for WAM Leaders shareholders, page-15
-
- There are more pages in this discussion • 38 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WLE (ASX) to my watchlist
|
|||||
Last
$1.33 |
Change
0.025(1.92%) |
Mkt cap ! $1.793B |
Open | High | Low | Value | Volume |
$1.32 | $1.33 | $1.31 | $656.0K | 497.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 71810 | $1.33 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.33 | 93155 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 117464 | 1.320 |
9 | 50580 | 1.315 |
11 | 274420 | 1.310 |
3 | 17204 | 1.305 |
9 | 260008 | 1.300 |
Price($) | Vol. | No. |
---|---|---|
1.325 | 37580 | 2 |
1.330 | 108190 | 4 |
1.335 | 102222 | 2 |
1.340 | 19619 | 4 |
1.345 | 69320 | 1 |
Last trade - 13.31pm 27/08/2024 (20 minute delay) ? |
Featured News
WLE (ASX) Chart |
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online